Live market data
Pulled from official U.S. government APIs. Click a card to view the source.
TL;DR
Healthcare practices fund best with equipment financing (imaging, dental chairs, exam tables) at up to 100% LTV, and working capital lines for insurance-receivable gaps. Strong-credit owners qualify for term loans at 8.99%+ APR; newer practices use MCA or working capital while building bankable history.
Equipment financing for medical practices
Imaging, dental chairs, exam equipment, and lab gear all qualify at up to 100% LTV with terms to 7 years. Section 179 deductions apply up to $1.16M.
Working capital for insurance-AR gaps
Insurance reimbursement runs 30–90 days. A line of credit or working capital loan bridges payroll and supplies while claims clear.
Term loans for buildouts and partner buyouts
5-year fixed-rate term loans are the standard tool for practice acquisition, partner buyout, and second-location buildout.
Pros of healthcare-sector underwriting
- •Healthcare is preferred-industry — better pricing across products
- •Insurance AR is recognized as quality collateral
- •Long professional careers reduce default risk
Common mistakes practice owners make
- •Using working capital for $200K imaging equipment (loses Section 179 deduction)
- •Skipping a line of credit and bleeding cash on insurance-AR delays
- •Personal-guarantor stacking across multiple practice locations
- •Ignoring student-loan PSLF status when qualifying for SBA
Run the numbers
Business Term Loan Calculator
Standard amortization: fixed APR, fixed weekly payment. Same formula banks and SBA lenders use.
Methodology
Standard amortization formula: P × r / (1 − (1 + r)−n), where r is the monthly rate (APR / 12) and n is the term in months. APR is the annual percentage rate as defined in the federal Truth in Lending Act (12 CFR § 1026.22). Actual lender quotes may include origination fees that increase APR.
Related questions
Related guides
Best Business Loans for Professional Services Firms in 1970
Lines of credit, term loans, and working capital for law firms, accounting practices, agencies, and consulting firms — including how billable-hour cycles affect underwriting.
MCA vs Term Loan: Which is Right for Your Business in 1970?
Side-by-side comparison of merchant cash advances and business term loans — speed, true cost, qualification, repayment structure, and which fits your situation.
Documents Needed for a Business Loan (1970 Complete List)
The exact paperwork lenders ask for — and what you can skip — by product type.
Sources & references
- Current Employment Statistics (CES)— U.S. Bureau of Labor Statistics
- County Business Patterns— U.S. Census Bureau
- SBA 7(a) and 504 Loan Program data— U.S. Small Business Administration
- Bank Prime Loan Rate (DPRIME)— FRED · Federal Reserve Bank of St. Louis